Anticipating a long term bearish mov. Price retested the previous Support turned to be a Resistance. Price mitigated our Supply zone which is our POi therefor we executed the trade after the bearish Doji candle. Confluence: Support turned Resistance, Supply zone, Divergence, AB=CD pattern and Doji candle.
We are Short on EurDolar. By the look of Dollar Index, we anticipating the price to reject the strong Supply reverse to fill the imbalance below. Wait for Daily candle to close for confirmation or lower ur timeframe to H4/h1 to find find entry setup. Confluence: Supply zone, Liquidity sweep, Doji candle, Divergency.
The market formed a double top and dropped aggressively n break the swing low (Previous Support). Then price Retrace to the previous Support nd filled 50% of the Imbalance. We anticipate the price to drop from the current price or push more high to fill 100% of the Imbalance and Supply Zone before Drop. Wait for confirmation pattern .
Hello Traders, we anticipating one last swing high. Market has been trading inside the channel and finaly broke the channel. We have confluence (Price rejected from main trendline 3rd time, price broke the channel and retest, price build up reversal structure (Head n Shoulders)